Questions

Q:

The headquarter of Organisation for Economic Cooperation and Development (OECD) is in _____.

A) London, UK B) Vienna, Austria
C) Paris, France D) Beijing, China
 
Answer & Explanation Answer: C) Paris, France

Explanation:

The headquarter of Organisation for Economic Cooperation and Development (OECD) is in Paris, France.

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which country is the largest producer of Rice?

A) Brazil B) China
C) United States D) India
 
Answer & Explanation Answer: B) China

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.

MPK, NRN, OTQ, PVT, ?

A) QXW B) PYY
C) PYX D) QXY
 
Answer & Explanation Answer: A) QXW

Explanation:
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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs B) Rs. 3 lakhs
C) Rs. 1.5 lakhs D) Rs. 4 lakhs
 
Answer & Explanation Answer: A) Rs. 2.5 lakhs

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following is not a renewable source of energy?

A) Solar B) Wind
C) Ocean waves D) Coal
 
Answer & Explanation Answer: D) Coal

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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